Resources
NCSHA Comment Letter to Federal Banking Regulators on Amended Bank Capital Standards
NCSHA commented on a series of Notices of Proposed Rulemaking (NPRs) issued by federal banking regulatory agencies — the Federal Reserve, Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency — modifying the federal bank capital standards. In the letter, NCSHA urges the regulators to reduce the amount of capital banks are required to hold for properties financed by the Housing Credit and Housing Bond investments. NCSHA also expresses opposition to a provision in the NPRs that would base the risk-weights for single-family home purchase loans entirely in a loan’s loan-to-value ratio.
Build Housing Affordably Act: Bill Text, One-Pager, and Section-by-Section Summary
These documents provide the text and summaries of the Build Housing Affordably Act, legislation introduced in the House of Representatives on June 15, 2026. The bill would require HUD to study the impacts of Build America, Buy America (BABA) requirements on affordable housing development, temporarily suspend those requirements for covered housing projects pending completion of the study, and establish deadlines and automatic approval provisions for BABA waiver requests.
NCSHA Updated Budget Chart for Select HUD and USDA Housing Programs
NCSHA's FY2024 Budget Chart for select U.S. Department of Housing and Urban Development and Department of Agriculture housing programs.
NCSHA Comments on IRS/Treasury 2026–2027 Priority Guidance Plan
This May 29, 2026, letter provides NCSHA’s recommendations to the Internal Revenue Service and the U.S. Department of the Treasury regarding the 2026–2027 Priority Guidance Plan for the Housing Credit and Housing Bond programs.
Housing Credit Reference Guide
This online reference guide includes links to reference materials useful for HFA Housing Credit program administrators.
State Policies on New 25% Bond Financing Threshold
President Trump signed into law the One Big Beautiful Bill Act, which includes a permanent change to the bond financing threshold test for 4 percent Housing Credit developments, dropping the test from a 50 percent threshold to a 25 percent threshold for properties placed in service after December 31, 2025 that have at least 5 percent of aggregate costs covered by bond financing from multifamily Housing Bonds issued in 2026 or later.
Affordable Housing Credit Improvement Act of 2025: Cosponsorship List by State
This document tracks the members of Congress who have cosponsored the Affordable Housing Credit Improvement Act of 2023 to amend the Internal Revenue Code of 1986 to expand and strengthen the Low-Income Housing Tax Credit.
Summary of Legislative Changes to Neighborhood Homes Investment Act
The attached document, published by the Neighborhood Homes Coalition, summarizes a series of modifications to the Neighborhood Homes Investment Act (S. 1686/H.R. 2854) developed by the bill’s Republican and Democratic sponsors in the House and Senate. The sponsors intend to incorporate these revisions into the next version of the bill to be introduced, whether that is in the next Congress or as part of a legislative package considered later this year.
Neighborhood Homes Investment Act
The Neighborhood Homes Investment Act seeks to address the shortage of affordable for-homeownership housing through creation of a new Neighborhood Homes Credit — a federal tax credit to incent new equity investment dollars for the development and renovation of one- to four-family housing in distressed communities by closing the “value gap” between the cost of rehabilitating or building a home and the post-construction value of the home. This new tax credit would expand the supply for affordable single-family homes, improve property values, increase family wealth, and decrease blight and abandonment in distressed neighborhoods.
